610 North Spaulding Avenue
610 North Spaulding Avenue
$2,100,000
6
5
3,738
3,738
$562
Description
Positioned in the vibrant heart of the Fairfax district, 610 N Spaulding Ave transcends mere investment it serves as a gateway to Los Angeles' cultural epicenter. Its prime location offers a blend of excitement and convenience, with iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, along with numerous eclectic boutiques, driving high tenant demand and premium rental rates. With an impressive Walk Score of 95, this property caters to modern lifestyle preferences, prioritizing convenience...Positioned in the vibrant heart of the Fairfax district, 610 N Spaulding Ave transcends mere investment it serves as a gateway to Los Angeles' cultural epicenter. Its prime location offers a blend of excitement and convenience, with iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, along with numerous eclectic boutiques, driving high tenant demand and premium rental rates. With an impressive Walk Score of 95, this property caters to modern lifestyle preferences, prioritizing convenience and community engagement. Tenants enjoy the freedom to stroll to nearby attractions, enhancing tenant retention rates and property desirability for investors. Seize the opportunity to unlock hidden value and maximize returns by renovating units over time, elevating profitability and tapping into the ever-evolving rental market of Los Angeles. Reflecting the area's affluent demographic and strong purchasing power, the Fairfax district boasts a robust average household income of nearly 140K within a mile of the property, contributing to a favorable investment climate and sustained demand for quality rental accommodations. Overall, 610 N Spaulding Ave presents a compelling investment opportunity, characterized by long-term ownership, prime location, exceptional walkability, and promising upside potential through renovations, making it an attractive option for investors aiming to capitalize on the dynamic Los Angeles real estate market.
- Listed by Saadia 'Sam' Liberow • DRE #01933858 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 610 North Spaulding Avenue
Zoning
LARD1.5
Parcel Number5527023016
Total Units5.0
Living Area3738
Source Living AreaVendor Enhanced
AreaBeverly Center-Miracle Mile (C19)
Vacancy Rate4119
Lot Size Area6354
Location
LISTING UPDATED: 03/30/2024 12:01 AM
Property Details for 610 North Spaulding Avenue
Status | Active |
---|---|
MLS # | 24-371815 |
Days on Market | 42 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1939 |
Lot Size | 0.15 AC / 6,354 SF |
County | Los Angeles County |
Location
Building Information for 610 North Spaulding Avenue
Stories2Residences-Year Built1939Building Size-Lot Size0.15 AC / 6,354 SF
Payment Calculator
$12,274 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 610 North Spaulding Avenue
Property History for 610 North Spaulding Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 610 North Spaulding Avenue
Taxable ValueLand$337,637Additions$399,026Total$736,663
Tax Record2023$9,756 ($813 / month)
Home Facts
Total Finished SqFt3,738 SqFtAbove Grade Finished SqFt3,738 SqFtLot Size6,354 SqFtStyleMulti-Family Res (5+ Units)Year Built1939ZoningLARD1.5CountyLOS ANGELESAPN5527-023-016
Schools near 610 North Spaulding Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Laurel Elementary School PublicK to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Whitman Continuation School Public9 to 12 | ||
West Hollywood Opportunity School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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